China's Mold Industry: Leading the Development of Mold Parts and Peaking Exports
The mold industry, as a solid support for China's manufacturing industry, has always received widespread support from governments at all levels and various industries in the manufacturing industry, and has made significant progress as a result. Among them, mold parts, as the core component of mold manufacturing, also play a crucial role. According to Luo Baihui, whom is the secretary general of the International Mold Association, said that, as an important base of China's manufacturing industry, Guangdong, which holds a pivotal position in the manufacturing of mold parts in the fields of electronics, electrical appliances, IT, packaging, and automotive components. The prosperity of this region not only promotes the development of the local mold industry, but also promotes the takeoff of the entire Chinese mold industry. Nowadays, China has become a major country in global mold manufacturing, with a mold industry output value of about 1.8 trillion yuan, firmly ranking first in the world's mold industry.
However, the development of China's mold industry has not been smooth sailing. With the transformation and upgrading of the manufacturing industry, the mold industry has also faced new challenges and opportunities. Especially in the manufacturing of mold parts, there are higher precision requirements, shorter delivery cycles, and more complex design requirements.
(1).png)
In the 1980s, China's mold manufacturing technology and processing equipment mainly relied on imports from abroad, and most mold parts also relied on imports. But with the passage of time, the restructuring of state-owned mold enterprises and the vigorous development of private enterprises have injected new vitality into the manufacturing of mold parts in China. These enterprises are gradually mastering core technologies, improving their independent innovation capabilities, and laying a solid foundation for improving the quality and reducing costs of mold parts.
In the 1990s, Chinese mold enterprises began to digest, absorb and innovate on the basis of introducing technology. The manufacturing of mold parts has gradually begun to achieve localization, which not only meets the development needs of the domestic manufacturing industry, but also provides strong support for the rapid development of the mold industry.
However, after entering the 21st century, the Chinese mold industry has faced new challenges. The problems of overcapacity, severe homogenization competition, insufficient investment in technology development, and lack of research and development personnel are gradually emerging. Especially in the field of high-end mold parts manufacturing, there are still certain technological bottlenecks.
In order to overcome this dilemma, China's mold industry has begun a new round of transformation and upgrading. Enterprises are beginning to focus on the transformation of their development methods, pursuing quality and efficiency, and achieving good and fast development. At the same time, we will adhere to technological progress and promote industrial upgrading to meet the new demands of the manufacturing industry for mold parts.
It is worth mentioning that with the rapid development of China's automobile manufacturing industry, significant progress has also been made in automotive mold parts. Plastic mold enterprises have shifted their business focus from traditional electronics and electrical fields to the manufacturing of automotive mold parts, which not only transfers some excess production capacity, but also brings new opportunities for the export of Chinese mold parts.
In recent years, the export of Chinese mold parts has achieved rapid growth. With the continuous improvement of technology and product quality, Chinese mold parts have begun to be favored by the international market. More and more foreign companies are choosing to import mold parts from China to reduce costs and improve production efficiency.
However, despite significant achievements, China's mold industry still faces constraints from the global economy. In order to achieve sustainable development of the mold industry and international competition of mold parts, enterprises not only need to continuously innovate and upgrade their technology, but also need to improve product quality and added value.
Overall, China's mold industry has made significant progress after undergoing a series of transformations and upgrades. In the future, with the continuous progress of technology and the expansion of the market, it is believed that China's mold industry will usher in a broader development prospect and achieve a magnificent transformation from a great country to a strong one. As a core component of mold manufacturing, mold parts will continue to play a leading role in promoting the sustainable development and prosperity of the entire industry.
